Cattle futures close week sharply higher

Cattle futures close week sharply higher

Chicago Mercantile Exchange live and feeder cattle futures were sharply higher on technical buying and the higher midday move in beef. Feeder saw additional support from the modest losses in corn. April live cattle were up $3.10 at $188.45 and June was $2.77 higher at $184. March feeders were $3.97 higher at $252.97 and April was up $4.27 at $258.

Direct cash cattle trade had a few bids on the table Friday afternoon.

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